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Bonny Cravat

Bethersden Road, Woodchurch, Ashford, Kent, TN26 3QQ

Full of character and history, the Bonny Cravat is a traditional and family-friendly pub & restaurant located in the village of Woodchurch, near Ashford in Kent.

 

Key features

  • Village pub & restaurant 
  • Two large bar areas and a seperate restaurant for 50 covers 
  • Games room
  • Large well equipped trade kitchen
  • Garden to the rear of the property 
  • Customer car parking 
  • Good sized well kept tenant accommodation with garden & parking 

 

Floorplan

THE BONNY CRAVAT

Full of character and history, the Bonny Cravat is a traditional and family-friendly pub & restaurant located in the village of Woodchurch, near Ashford.

The largest civil parish in the borough of Ashford, Woodchurch sits just 6 miles outside of the main town and 4 miles from Tenterden, Kent.

Internally the Bonny Cravat has plenty of space and includes three cosy fireplaces, two large bars, a separate restaurant dining area for approximately 50 covers and a games room. The cellar has its own unique quirks too, with an old tunnel leading to the church, dating back to the time of the Reformation.

Externally you will find a great garden with a terrace/patio to the rear of the property and  private customer car parking.

Currently the Bonny Cravat serves great traditional pub style food and they are recognised locally for their popular Sunday carvery. There is always plenty going on at the pub with lively quiz and karaoke nights hosted on a regular basis, plus a pool table and dart board for the locals.

Shepherd Neame is now looking for new tenants that will immerse themselves into village life in Woodchurch and take on the successful running of the Bonny Cravat.

BAR & RESTAURANT         

Two large bar areas, separate restaurant dining room for approx. 50 covers and games room with pool table.

KITCHEN

Large well equipped trade kitchen.

OUTDOOR & PARKING

Spacious garden to the side and rear of the property. Patio/terrace and customer car parking for approx. 15 cars.

PRIVATE ACCOMMODATION

Clean and well kept private accommodation to include 3 double bedrooms, lounge, office, bathroom, private garden and car parking.

Capital Requirements

Estimated capital requirements

Trading deposit£5000
Contract deposit
refundable on day of charge
£500
Repair scheme
+ monthly payments £50
£1000
Inventory£15000
Stock, glassware, cutlery, crockery, etc
Estimated subject to independent valuation by trade broker and stock taker
£5000
Working capital£3000
Training deposit
£750 refundable on completion of training
£1000
Total estimated ingoings£30500

Minimal capital considered

Minimum capital considered
Based on: Trading deposit + stock, glassware, cutlery,
crockery, etc, working capital + training deposits + misc
£15500
Please note: Where only minimal capital is available inventory will be rentalised.

Rent and charges

Rent

Year 1Year 2Year 3
Per anum£32500£33644£34840
Per week£625£647£670

Council tax

Band B

Non Domestic Business Rates

RATEABLE VALUE - £16,500

MULTIPLIER 2019/2020 - 0.491

ESTIMATED RATES PAYABLE - £8,101.50

  • As at the time of publishing, the estimated rates payable, are based upon the assumption that the tenant occupies the maximum of one pub and therefore qualifies for small business rates relief
  • We have also applied the relevant multipliers and estimated transitional relief where applicable
  • The above calculations are estimations only and as rateable values are  subject to change, we would recommend that the prospective new  tenant checks the rates payable and any other relief prior to completing a financial plan
  • Please note that we have not yet applied The Governments Pub relief of £1,000 on rates payable as many councils have yet to confirm

 

Trading information

Trade

Year ending 30 June

2015 2016 2017 2018
All beer and cider
Barrels
115 117 171 191
Wine
Gallons
302 296 319 329
PPS
Gallons

Premium packaged spirits (eg WKD)
18 18 23 19
Traditional Spirits
Gallons
14.5 16 20 49
Minerals
Ready to drink litres
5459 5242 5881 5645

Estimated food turnover

£2,000 per week approximately 

Shepherd Neame has no access to the tenant's food turnover figures. Please note this figure is estimated as accurately as possible at time of publishing.

Estimated awp profit (Amusement with prizes)

£2,000 per annum approximately 

Licence information

Hours authorised by the premises licence

Supply of alcohol, background music and provision of late night refreshment.

Sunday - Thursday - 10.00 - 00.00
Friday - Saturday - 10:00 - 01:00

Open to the public

Sunday - Thursday - 10.00 - 00.30
Friday - Saturday - 10.00 - 01.30

Live music

Monday - Sunday - 10.00 - 00.00

Agreement Overview

  • This pub is being offered on a traditional rolling tenancy agreement that is subject to a three year rent review
  • This agreement is covered by the ‘Landlord & Tenant Act’
  • This is a fully tied agreement across all beer, cider, wine, PPS, spirits and minerals
  • Any deviation from the standard terms outlined above should be discussed at interview stage with your designated Business Development Manager
  • Please note that we require all licensees to pass the Pre-Entry Awareness Training Course (PEAT) a minimum of five days before you can attend a formal shortlist interview with us. Please ask us for more information about PEAT if required
  • You can see our code of practice at the top of this page